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Burger King shaves $73m of goodwill

Fast food chain's revenue flat at $188m.

Tango Holdings NZ, owner of Burger King, has written off more than $73 million in goodwill as the fast food chain experiences slow growth.

In its latest financial statement filed at the Companies Office, Tango said reduced revenue growth and gross margins for 2018 and for the forecast in 2019

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Graham Skellern Tue, 18 Jun 2019
Contact the Writer: graham@nbr.co.nz
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Burger King shaves $73m of goodwill
General Business,
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